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by somid3
2913 days ago
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Great question, when tenants switch apartments landlords have to absorb the missing weeks of rent while they are cleaning and repairing the unit. Landlords also have to find a new tenant and cover lots of other costs. Overall, property owners have to spend 20% to 45% of their cash-flows on tenants. In a way, right now long-term renters are subsidizing short-term renters. |
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